Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 8 contracts
Sources: Executive Employment Agreement (Bitech Technologies Corp), Membership Interest Purchase Agreement (Bitech Technologies Corp), Executive Employment Agreement (Docola, Inc.)
Base Salary. The Company shall initially pay to the Executive an annual a fixed base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary ) of not less than $1,000,000, per annum, and thereafter the Executive shall be paid eligible to receive annual increases as the Board deems appropriate, in accordance with the Company’s customary procedures regarding salaries of senior officers. Base Salary shall be payable according to the customary payroll policiespractices of the Company, but in no event less frequently than once each month.
Appears in 7 contracts
Sources: Employment Agreement (Cendant Corp), Employment Agreement (Cendant Corp), Employment Agreement (Wyndham Worldwide Corp)
Base Salary. The Company shall agrees to pay to the Executive an annual a base salary ("Base Salary") at the annual rate of $200,000125,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance equal installments consistent with the Company’s 's payroll policiespractices.
Appears in 6 contracts
Sources: Employment Agreement (Atlantic Technology Ventures Inc), Employment Agreement (Atlantic Technology Ventures Inc), Employment Agreement (Atlantic Technology Ventures Inc)
Base Salary. The Company shall pay to the Executive an annual a base salary in the amount of $200,000, payable on a monthly basis commencing on the Effective Date 250,000 per annum (as the same may be adjusted herein, the “Annual Base Salary”). The Base Salary shall , payable in equal periodic installments less all customary payroll deductions (with such annual salary for any part of a month to be paid on a pro-rated basis), in accordance with the customary policies and normal payroll practices of Company’s payroll policies.
Appears in 6 contracts
Sources: Employment Agreement (Lordstown Motors Corp.), Employment Agreement (Lordstown Motors Corp.), Employment Agreement (Lordstown Motors Corp.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000[___________], payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 5 contracts
Sources: Executive Employment Agreement (BloomZ Inc.), Executive Employment Agreement (Zerospo), Executive Employment Agreement (Zerospo)
Base Salary. The During the Employment Term, the Company shall pay to the Executive an annual a base salary of in an annualized amount equal to $200,000, payable on a monthly basis commencing on the Effective Date 1,200,000.00 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with ) payable pro rata according to the Company’s regular management payroll policiesprocesses, and subject to adjustment as hereinafter provided.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement (Qwest Communications International Inc), Employment Agreement (Qwest Communications International Inc)
Base Salary. The Company shall will pay to the Executive an annual base salary of $200,000208,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s customary payroll policiespractices of the Company ("Base Salary").
Appears in 4 contracts
Sources: Employment Agreement (Radiant Logistics, Inc), Employment Agreement (Radiant Logistics, Inc), Employment Agreement (Radiant Logistics, Inc)
Base Salary. The Company shall pay to the Executive an annual base a salary (the "Base Salary") at the rate of $200,000170,000 per annum, payable on a monthly basis commencing on the Effective Date (in substantially equal installments at such intervals as the same may be adjusted herein, determined by the “Base Salary”). The Base Salary shall be paid Company in accordance with the Company’s its ordinary payroll policiespractices as established from time to time.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement, Employment Agreement (Integrated Alarm Services Group Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000240,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 4 contracts
Sources: Executive Employment Agreement (Bitech Technologies Corp), Membership Interest Purchase Agreement (Bitech Technologies Corp), Executive Employment Agreement (Jupiter Neurosciences, Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary ) at the annualized rate of $400,000, which shall be paid subject to customary withholdings and authorized deductions and shall be payable in equal installments in accordance with the Company’s customary payroll policiespractices in place from time to time. The Executive’s Base Salary shall be subject to review on at least an annual basis. The foregoing annualized rate will be effective for fiscal year 2020 and may be reevaluated by the Company’s Board of Directors for fiscal year 2021.
Appears in 4 contracts
Sources: Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.), Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.), Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000US$36,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policiesDate.
Appears in 4 contracts
Sources: Employment Agreement (Springview Holdings LTD), Employment Agreement (Springview Holdings LTD), Employment Agreement (Springview Holdings LTD)
Base Salary. The During the Employment Term, the Company shall pay to the Executive an annual annualized base salary in the gross amount of $200,000, payable on a monthly basis commencing on the Effective Date 475,000.00 (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid payable in regular installments in accordance with the Company’s customary payroll policiespractices and procedures, but in no event less frequently than monthly, and prorated for any partial year worked.
Appears in 4 contracts
Sources: Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.)
Base Salary. (a) The Company shall pay to the Executive an annual a base salary ("Base Salary") at the rate of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)25,000 per year. The Base Salary shall be paid payable in accordance installments consistent with the Company’s 's payroll policiespractices then in effect. The Company shall increase the Base Salary annually, beginning on the second anniversary of the Effective Date, by five percent (5%) over the Base Salary in effect the previous year.
Appears in 3 contracts
Sources: Employment Agreement (Nexsan Corp), Employment Agreement (Nexsan Corp), Employment Agreement (Nexsan Corp)
Base Salary. The During the Employment Term, the Company shall pay to the Executive an annual annualized base salary in the gross amount of Two Hundred and Twenty-Five Thousand and 00/100 Dollars ($200,000, payable on a monthly basis commencing on the Effective Date 225,000.00) (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid payable in regular installments in accordance with the Company’s customary payroll policiespractices and procedures, but in no event less frequently than monthly, and prorated for any partial year worked.
Appears in 3 contracts
Sources: Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.)
Base Salary. The During the Term, the Company shall pay to the Executive an annual annualized base salary in the amount of $200,000, payable on a monthly basis commencing on the Effective Date 1,000,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be , paid in approximately equal installments in accordance with the Company’s normal payroll policiespractices.
Appears in 3 contracts
Sources: Employment Agreement (FIGS, Inc.), Employment Agreement (FIGS, Inc.), Employment Agreement (FIGS, Inc.)
Base Salary. The From and after the Effective Date, the Company shall will pay to the Executive an annual a base salary at the rate of $200,000US$200,000 per year, payable on a monthly basis commencing on in accordance with the Effective Date ordinary payroll practices of the Company and subject to adjustment from time to time by the Board in its discretion (as the same may be adjusted hereinfrom time to time, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 3 contracts
Sources: Business Combination Agreement (TradeUP Global Corp), Employment Agreement (TradeUP Global Corp), Employment Agreement (TradeUP Global Corp)
Base Salary. The Company shall pay to the Executive an annual annualized base salary at the rate of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “550,000. Base Salary”). The Base Salary salary shall be paid payable in accordance with the payment policy and payroll process established by the Company from time to time. Base salary shall be subject to annual review and shall be eligible for such merit increases as may be determined in the sole discretion of the Company’s payroll policies..
Appears in 3 contracts
Sources: Executive Employment Agreement (Old Second Bancorp Inc), Merger Agreement (Old Second Bancorp Inc), Merger Agreement (Old Second Bancorp Inc)
Base Salary. The During the Employment Period, the Company shall pay to the Executive an annual initial base salary of Two Hundred and Fifty Thousand Dollars ($200,000, payable on a monthly basis commencing on the Effective Date 250,000.00) per year (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be ) paid in accordance with the Company’s payroll policiesapproximately equal installments bi-weekly.
Appears in 3 contracts
Sources: Executive Employment Agreement (TSS, Inc.), Executive Employment Agreement (TSS, Inc.), Executive Employment Agreement (TSS, Inc.)
Base Salary. The Company shall pay to the Executive an a salary at the annual base salary rate of $200,000, payable on a monthly basis commencing on the Effective Date 400,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall , payable in substantially equal installments at such intervals as may be paid determined by the Company in accordance with the Company’s then current ordinary payroll policiespractices as established from time to time.”
Appears in 3 contracts
Sources: Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.)
Base Salary. The Effective on and after the Effective Date and thereafter during the employment of Executive, the Company shall pay to the Executive an annual a base salary at the rate of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies210,000 per year.
Appears in 3 contracts
Sources: Merger Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp)
Base Salary. The During the Term, the Company shall pay to the Executive an annual annualized base salary of $200,000salary, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policiespractices in effect from time to time, at the rate of $600,000 per year (the “Base Salary”).
Appears in 3 contracts
Sources: Executive Employment Agreement (Insight Enterprises Inc), Executive Employment Agreement (Insight Enterprises Inc), Executive Employment Agreement (Insight Enterprises Inc)
Base Salary. The Commencing on the Effective Date, the Company shall pay to the Executive a base salary at an annual base salary rate of $200,000, payable on a monthly basis commencing on the Effective Date 150,000 (as the same may be adjusted hereinfrom time to time, the “"Base Salary”"). The Base Salary shall be paid , payable in accordance with the Company’s payroll policiespractices of the Company in effect from time to time. Base Salary payments shall be subject to withholding and other applicable taxes.
Appears in 3 contracts
Sources: Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc)
Base Salary. The Company shall pay to Executive the Executive sum of TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000) as an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid , payable in accordance with the normal payroll practices of the Company’s payroll policies.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Famous Daves of America Inc), Employment Agreement (Famous Daves of America Inc), Employment Agreement (Famous Daves of America Inc)
Base Salary. The Commencing on the Effective Date, the Company shall pay to the Executive a base salary at an annual base salary rate of $200,000, payable on a monthly basis commencing on the Effective Date 185,000 (as the same may be adjusted hereinfrom time to time, the “"Base Salary”"). The Base Salary shall be paid , payable in accordance with the Company’s payroll policiespractices of the Company in effect from time to time. Base Salary payments shall be subject to withholding and other applicable taxes.
Appears in 3 contracts
Sources: Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 500,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid , payable in substantially equal monthly or more frequent installments in accordance with the Company’s normal payroll policiespractices in effect from time to time.
Appears in 3 contracts
Sources: Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000180,000 per year ("Base Salary"), payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)in regular periodic payments in accordance with Company policy. The Base Salary shall be paid in accordance with prorated for any partial year of employment on the basis of a 365-day fiscal year. The Base Salary may be changed from time to time by mutual agreement of Executive and Company’s payroll policies.
Appears in 3 contracts
Sources: Employment Agreement (La Jolla Fresh Squeezed Coffee Co Inc), Employment Agreement (La Jolla Fresh Squeezed Coffee Co Inc), Employment Agreement (La Jolla Fresh Squeezed Coffee Co Inc)
Base Salary. The Company shall pay to the Executive an annual base salary Commencing as of $200,000, payable on a monthly basis commencing on the Effective Date Executive shall be paid an annualized Base Salary of $460,000 (as the same may be adjusted herein, the “Base Salary”), payable in accordance with the regular payroll practices of the Company. The Base Salary shall be paid in accordance with the Company’s payroll policiessubject to annual review, based on both Executive and Company performance.
Appears in 2 contracts
Sources: Employment Agreement (Inogen Inc), Employment Agreement (Inogen Inc)
Base Salary. The Company shall pay to the Executive an a base annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) of not less than $325,000, payable in monthly installments. The Base Salary Executive shall be paid in accordance with not receive any additional compensation from any subsidiary of the Company’s payroll policiesCompany following the date hereof.
Appears in 2 contracts
Sources: Employment Agreement (GAIN Capital Holdings, Inc.), Executive Employment Agreement (GAIN Capital Holdings, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000336,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Jupiter Neurosciences, Inc.), Executive Employment Agreement (Jupiter Neurosciences, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000300,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Docola, Inc.), Executive Employment Agreement (Jupiter Neurosciences, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary (the "BASE SALARY") at the annual rate of $200,000250,000, payable on a in equal monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid installments or otherwise in accordance with the Company’s payroll policiesand personnel practices of the Company from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Callidus Software Inc), Employment Agreement (Callidus Software Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000420,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Jupiter Neurosciences, Inc.), Executive Employment Agreement (Jupiter Neurosciences, Inc.)
Base Salary. The Commencing as of the Effective Date, the Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 500,000.00 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid , payable in accordance with the Company’s customary payroll policiespractices. The Base Salary may, at the discretion of the Board of Directors of the Parent (the “Board”) or any committee thereof, be adjusted during the Employment Period.
Appears in 2 contracts
Sources: Employment Agreement (Academy Sports & Outdoors, Inc.), Employment Agreement (Academy Sports & Outdoors, Inc.)
Base Salary. The Company shall pay to the Executive an annual base annualized salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) of two hundred and fifty thousand dollars ($250,000.00) beginning with the year ending December 31, 2017, and each year thereafter. The Base Salary Payment shall be paid made in accordance with the Company’s normal payroll policiespractices.
Appears in 2 contracts
Sources: Employment Agreement (Nutrafuels Inc), Employment Agreement (Nutrafuels Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000120,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Advasa Holdings, Inc.), Executive Employment Agreement (NightFood Holdings, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000360,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Zerospo), Executive Employment Agreement (Zerospo)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date 462,000 if annualized (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid earned and payable in accordance with the Company’s usual payroll policiespractices. The Base Salary may be reviewed annually by the Company, and may be adjusted in the Board’s sole discretion.
Appears in 2 contracts
Sources: Employment Agreement (Dawson Geophysical Co), Employment Agreement (TGC Industries Inc)
Base Salary. The Initially during the term hereof, the Company shall pay to the Executive an annual a base salary at the rate of one hundred and fifty thousand ($200,000150,000.) dollars per annum, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policiespractices of the Company for its executives and subject to annual review by the Board or the compensation committee thereof pre-dated to a start date of March 23, 2022.
Appears in 2 contracts
Sources: Executive Employment Agreement (Frontera Group Inc.), Executive Employment Agreement (Frontera Group Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of Two Hundred Twenty Thousand Dollars ($200,000, payable on a monthly basis commencing on the Effective Date 220,000) (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with payable according to the customary payroll practices of the Company’s payroll policies, but in no event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Company from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Goldleaf Financial Solutions Inc.), Employment Agreement (Goldleaf Financial Solutions Inc.)
Base Salary. The During the Term, the Company shall pay to the Executive an annual a base salary of $200,000400,000 per year (the "Base Salary"), payable on a monthly basis commencing on the Effective Date (in equal semimonthly installments, or at such other time or times as the same may be adjusted herein, the “Base Salary”)Company generally pays employees. The Company shall review the Base Salary shall be paid at least annually during the first quarter of each calendar year and may increase the Base Salary in accordance with the Company’s payroll policiesits sole discretion.
Appears in 2 contracts
Sources: Share Exchange Agreement (Composite Technology Corp), Executive Employment Agreement (Composite Technology Corp)
Base Salary. The Beginning on the Effective Date, the Company shall pay to the Executive an annual a base salary at a rate of four hundred thirty thousand dollars ($200,000, payable on a monthly basis commencing on the Effective Date 430,000) annually (as the same may be adjusted herein, the “Base Salary”). The Company shall pay Executive in approximately equal monthly amounts pursuant to its standard payroll schedule. Executive’s performance and the amount of his Base Salary shall be reviewed annually and the Base Salary may be increased from time to time by the Board. All amounts paid in accordance with the Company’s payroll policiesto Executive under this Agreement shall be reduced by such amounts as are required by law to be withheld.
Appears in 2 contracts
Sources: Executive Employment Agreement (Planar Systems Inc), Executive Employment Agreement (Planar Systems Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,00095,459, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (HeartCore Enterprises, Inc.), Executive Employment Agreement (HeartCore Enterprises, Inc.)
Base Salary. The Company shall pay to the Executive an a base annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 2,500,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) during the remaining Term of this Agreement in installments in accordance with the Company’s standard payroll policiespractices for salaried employees (but no less frequently than twice a month).
Appears in 2 contracts
Sources: Employment Agreement (Miami International Holdings, Inc.), Employment Agreement (Miami International Holdings, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000[_______________], payable in installments based on a monthly basis the Company’s payroll practices as may be in effect from time to time, commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Handa Lab Co., Ltd.), Executive Employment Agreement (Handa Lab Co., Ltd.)
Base Salary. The During the Employment Period, the Company shall pay to the Executive an annual annualized base salary of $200,000, payable on a monthly basis commencing on the Effective Date 200,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) in accordance consideration for Executive’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll policiespractices for similarly situated employees as may exist from time to time, but no less frequently than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Wrap Technologies, Inc.), Employment Agreement (Wrap Technologies, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary Commencing as of $200,000, payable on a monthly basis commencing on the Effective Date Executive shall be paid an annualized Base Salary of $415,000 (as the same may be adjusted herein, the “Base Salary”), payable in accordance with the regular payroll practices of the Company. The Base Salary shall be paid in accordance with the Company’s payroll policiessubject to annual review, based on both Executive and Company performance.
Appears in 2 contracts
Sources: Employment Agreement (Inogen Inc), Employment and Severance Agreement (Inogen Inc)
Base Salary. The Company shall pay to the Executive an annual a base salary at a rate of $200,000, payable on a monthly basis commencing on the Effective Date 240,000 per year (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Seto Holdings Inc), Executive Employment Agreement (Seto Holdings Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) of $165,000 in accordance with the Company’s normal payroll policiesprocedures.
Appears in 2 contracts
Sources: Employment Agreement (NeoVolta Inc.), Employment Agreement (NeoVolta Inc.)
Base Salary. The Company shall pay Commencing on the date hereof, the base salary payable to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary ) shall be paid $325,000 per year, payable on a regular basis in accordance with the Company’s standard payroll policiesprocedures but not less than semi-monthly. Such base salary will be subject to review and adjustment from time to time by the Company’s Compensation Committee (the “Compensation Committee”).
Appears in 2 contracts
Sources: Employment Agreement (Datalink Corp), Employment Agreement (Datalink Corp)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, 109,100 payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (HeartCore Enterprises, Inc.), Executive Employment Agreement (HeartCore Enterprises, Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary in the amount of $200,000, payable on a monthly basis commencing on the Effective Date 650,000.00 per annum (as the same may be adjusted herein, the “Base Salary”)) during the Term, payable in accordance the Company’s regular payroll practices as in effect from time to time. The Base Salary shall be paid in accordance with periodically reviewed by the Company’s payroll policiesBoard during the Term.
Appears in 2 contracts
Sources: Executive Employment Agreement (Pagaya Technologies Ltd.), Executive Employment Agreement (Pagaya Technologies Ltd.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 500,000.00 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid , payable in substantially equal monthly or more frequent installments in accordance with the Company’s normal payroll policiespractices in effect from time to time.
Appears in 2 contracts
Sources: Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.)
Base Salary. The Executive will receive from the Company shall pay to the Executive an annual base salary of Two Hundred Forty Thousand Dollars ($200,000240,000) (as from time to time adjusted, the "Base Salary"), payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policiesstandard practice of the Company with respect to the payment of salaries of its employees. The Board will review the Base Salary annually, and may, in its reasonable discretion, adjust the Base Salary.
Appears in 2 contracts
Sources: Employment Agreement (Orion Healthcorp Inc), Employment Agreement (Orion Healthcorp Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,00075,600, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (HeartCore Enterprises, Inc.), Executive Employment Agreement (HeartCore Enterprises, Inc.)
Base Salary. The Commencing on the Effective Date, the Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) at the annual rate of $210,000, payable in equal monthly installments or otherwise in accordance with the Companypayroll and personnel practices of the Company from time to time. Executive’s payroll policiesBase Salary shall not be reduced during the Employment Term.
Appears in 2 contracts
Sources: Employment Agreement (GXS Investments, Inc.), Employment Agreement (GXS Corp)
Base Salary. The Company shall agrees to pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”) of $120,000 per annum ($10,000 per month). Annual adjustments after the first year of the Employment Period shall be determined by the Board. The Base Salary shall be paid in periodic installments in accordance with the Company’s regular payroll policiespractices.
Appears in 2 contracts
Sources: Executive Employment Agreement (Majesco Entertainment Co), Executive Employment Agreement (Majesco Entertainment Co)
Base Salary. The Company shall will pay to the Executive an annual base salary (“Base Salary”) of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s standard payroll policiesschedule. The base salary will be reviewed annually by the Company, and may be increased (but not decreased) from time to time.
Appears in 2 contracts
Sources: Executive Employment Agreement (Recruiter.com Group, Inc.), Executive Employment Agreement (Recruiter.com Group, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 500,000 (as the same may be adjusted herein, the “Base Salary”), payable as set forth herein, commencing on the Effective Date. The Base Salary may be subject to annual adjustments, as determined in the discretion of the Board. The Base Salary shall be paid in accordance with the Company’s standard payroll policiesprocesses.
Appears in 2 contracts
Sources: Executive Employment Agreement (Hour Loop, Inc), Executive Employment Agreement (Hour Loop, Inc)
Base Salary. The Company shall pay to the Executive an annual base a salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) equal to Two Hundred Fifty Thousand Dollars ($250,000.00) per year. The Base Salary Payment shall be paid made in accordance with the Company’s normal payroll policiespractices.
Appears in 2 contracts
Sources: Employment Agreement (1606 Corp.), Employment Agreement (1606 Corp.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “"Base Salary”)" of US$200,000 per year, subject to adjustment in accordance with Section 3.2 below. The Base Salary shall be paid in accordance with the Company’s 's regularly established payroll policiespractices.
Appears in 2 contracts
Sources: Executive Employment Agreement (AutoChina International LTD), Executive Employment Agreement (AutoChina International LTD)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000450,000 (the “Base Salary”), payable on a monthly basis as set forth herein, commencing on the Effective Date (as the same Date. The Base Salary may be adjusted hereinsubject to annual adjustments, as determined in the discretion of the Board of Directors of the Company (the “Base SalaryBoard”). The Base Salary shall be paid in accordance with the Company’s standard payroll policiesprocesses.
Appears in 2 contracts
Sources: Executive Employment Agreement (Hour Loop, Inc), Executive Employment Agreement (Hour Loop, Inc)
Base Salary. The Company shall pay to Executive the Executive sum of TWO HUNDRED THOUSAND DOLLARS ($200,000) as an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid , payable in accordance with the normal payroll practices of the Company’s payroll policies.
Appears in 2 contracts
Sources: Employment Agreement (Famous Daves of America Inc), Employment Agreement (Famous Daves of America Inc)
Base Salary. The Company shall pay to the Executive an annual base salary (the “Base Salary”) at the rate of $200,000, payable on a monthly basis commencing on the Effective Date (in substantially equal installments at such intervals as the same may be adjusted herein, determined by the “Base Salary”)Company in accordance with the Company’s then current ordinary payroll practices as established from time to time. The Base Salary shall be paid reviewed in accordance with good faith by the Compensation Committee of the Company’s payroll policiesBoard of Directors (the “Board”), based upon the Executive’s performance, not less often than annually.
Appears in 2 contracts
Sources: Employment Agreement (Applied Optoelectronics, Inc.), Employment Agreement (Applied Optoelectronics, Inc.)
Base Salary. The Company shall will pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) in the amount of USD $500,000 per annum after the Start Date, payable in accordance with the Company’s usual payroll policiespractices and dates, in arrears by direct deposit, and subject to deductions required by law or authorized by the Executive.
Appears in 2 contracts
Sources: Executive Employment Agreement (Lululemon Athletica Inc.), Executive Employment Agreement (Lululemon Athletica Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date 230,000 if annualized (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid earned and payable in accordance with the Company’s usual payroll policiespractices. The Base Salary may be reviewed annually by the Company, and may be adjusted in the Board’s sole discretion.
Appears in 2 contracts
Sources: Employment Agreement (Dawson Geophysical Co), Employment Agreement (TGC Industries Inc)
Base Salary. The Company shall pay to the Executive an a base annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 2,000,000 (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) during the Term in installments in accordance with the Company’s standard payroll policiespractices for salaried employees (but no less frequently than twice a month).
Appears in 2 contracts
Sources: Employment Agreement (Miami International Holdings, Inc.), Employment Agreement (Miami International Holdings, Inc.)
Base Salary. The From and after the Effective Date, the Company shall will pay to the Executive an annual a base salary at the rate of $200,000400,000 per year, payable on a monthly basis commencing on in accordance with the Effective Date ordinary payroll practices of the Company and subject to adjustment from time to time by the Board in its discretion (as the same may be adjusted hereinfrom time to time, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Employment Agreement (Holicity Inc.), Employment Agreement (Holicity Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) as follows: Two Hundred Twenty Five Thousand Dollars ($225,000) per annum. The Base Salary shall be paid payable according to the customary payroll practices of the Company but in accordance with no event less frequently than once each month. The base salary shall be reviewed annually and shall be subject to increase according to the Company’s payroll policiespolicies and practices adopted by the Company from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,00064,617, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Zerospo), Executive Employment Agreement (Zerospo)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,00054,012, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (HeartCore Enterprises, Inc.), Executive Employment Agreement (HeartCore Enterprises, Inc.)
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date 250,000 if annualized (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid earned and payable in accordance with the Company’s usual payroll policiespractices. The Base Salary may be reviewed annually by the Company, and may be adjusted in the Board’s sole discretion.
Appears in 2 contracts
Sources: Employment Agreement (Dawson Geophysical Co), Employment Agreement (TGC Industries Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000480,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (Zerospo), Executive Employment Agreement (Zerospo)
Base Salary. The Company shall will pay to the Executive an annual a semi -monthly base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”), payable in accordance with Inspire’s standard payroll practices. The initial annualized Base Salary shall be in the gross amount of Two Hundred Thirty Five Thousand Dollars ($235,000.00). The Base Salary shall be paid in accordance with the Companysubject to annual performance review and possible adjustments by Inspire’s payroll policiesPresident.
Appears in 2 contracts
Sources: Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.)
Base Salary. The As of the Effective Date, the Company shall will initially pay to the Executive an annual annualized base salary of $200,000180,000 as compensation for his services (such annual salary, payable on a monthly basis commencing on the Effective Date (as the same may is then effective, to be adjusted herein, the referred to herein as “Base Salary”). The Base Salary shall will be paid periodically in accordance with the Company’s normal payroll policiespractices and be subject to the usual required withholdings.
Appears in 2 contracts
Sources: Employment Agreement (Know Labs, Inc.), Employment Agreement (Visualant Inc)
Base Salary. The Commencing on the Effective Date, the Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) at the annual rate of $225,000, payable in equal monthly installments or otherwise in accordance with the Companypayroll and personnel practices of the Company from time to time. Executive’s payroll policiesBase Salary shall not be reduced during the Employment Term.
Appears in 2 contracts
Sources: Employment Agreement (GXS Corp), Employment Agreement (GXS Corp)
Base Salary. The Company shall pay to the Executive an annual base a salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) equal to Two Hundred Forty Thousand Dollars ($240,000.00) per year. The Base Salary Payment shall be paid made in accordance with the Company’s normal payroll policiespractices.
Appears in 2 contracts
Sources: Employment Agreement (Innovive Pharmaceuticals, Inc.), Employment Agreement (Innovive Pharmaceuticals, Inc.)
Base Salary. The Company shall agrees to pay to the Executive an annual a base salary ("Base Salary") at the annual rate of $200,000175,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance equal installments consistent with the Company’s 's payroll policiespractices.
Appears in 2 contracts
Sources: Employment Agreement (Atlantic Technology Ventures Inc), Employment Agreement (Atlantic Technology Ventures Inc)
Base Salary. The Company shall pay to the Executive an annual base a monthly salary of twenty thousand dollars ($200,00020,000.00) ($ 240,000.00 annualized), payable on a monthly basis commencing on the Effective Date less applicable payroll deductions and tax withholdings (as the same may be adjusted herein, the “Base Salary”)) for all services rendered by the Executive under this Agreement. The Company shall pay the Base Salary shall be paid in accordance with the normal payroll policies of the Company’s payroll policies.
Appears in 2 contracts
Sources: Employment Agreement (Alliqua BioMedical, Inc.), Employment Agreement (Alliqua BioMedical, Inc.)
Base Salary. The During the Base Term, the Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”), payable in approximately equal installments in accordance with the Company’s customary payroll practices. The Base Salary shall be paid in accordance with $750,000. The Base Salary may not be decreased during the Company’s payroll policiesBase Term. During the Base Term, the Executive shall not be eligible for any equity compensation provided for or afforded to members of the Board of Directors as such.
Appears in 2 contracts
Sources: Employment Agreement (Stewart & Stevenson Services Inc), Employment Agreement (Stewart & Stevenson Services Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000381,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 2 contracts
Sources: Executive Employment Agreement (HeartCore Enterprises, Inc.), Executive Employment Agreement (HeartCore Enterprises, Inc.)
Base Salary. The As of the Effective Date, the Company shall will pay to the Executive an annual base salary of one hundred fifty thousand dollars ($200,000150,000) as compensation for his services (such annual salary, payable on a monthly basis commencing on the Effective Date (as the same may is then effective, to be adjusted herein, the “referred to herein as "Base Salary”"). The Base Salary shall will be paid periodically in accordance with the Company’s 's normal payroll policiespractices and be subject to the usual, required withholdings.
Appears in 2 contracts
Sources: Acquisition Agreement (S&W Seed Co), Employment Agreement (S&W Seed Co)
Base Salary. The Company shall pay to the Executive a base salary at an annual base salary rate of Two Hundred Thousand Dollars ($200,000, ) payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies's regular pay schedule for senior management. The Board shall review Executive's salary and performance annually, and Executive shall be eligible for an increase in his base salary based on such review.
Appears in 2 contracts
Sources: Employment Agreement (Helix Biomedix Inc), Employment Agreement (Helix Biomedix Inc)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid ) at the rate of $350,000, payable monthly in substantially equal installments in accordance with the Company’s ordinary payroll policiespractices as established from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Motus GI Holdings, Inc.), Employment Agreement (Motus GI Holdings, Inc.)
Base Salary. The Company shall will pay to the Executive an annual a semi-monthly base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”), payable in accordance with Inspire’s standard payroll practices. The initial annualized Base Salary shall be in the gross amount of Two Hundred Thousand Dollars ($200,000.00). The Base Salary shall be paid in accordance with the Companysubject to annual performance review and possible increases by Inspire’s payroll policiesBoard.
Appears in 2 contracts
Sources: Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.)
Base Salary. The Company shall agrees to pay to the Executive an annual a base salary at the annual rate of $200,000200,000 ("Base Salary"), payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance installments consistent with the Company’s 's payroll policiespractices.
Appears in 2 contracts
Sources: Executive Employment Agreement (Penncorp Financial Group Inc /De/), Executive Employment Agreement (Penncorp Financial Group Inc /De/)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date ___________ if annualized (as the same may be adjusted herein, the “Base Salary”). The Base Salary , which shall be paid earned and payable in accordance with the Company’s usual payroll policiespractices. The Base Salary may be reviewed annually by the Company, and may be adjusted upward in the Board’s sole discretion.
Appears in 2 contracts
Sources: Employment Agreement (Dawson Geophysical Co), Merger Agreement (Dawson Geophysical Co)
Base Salary. The Company shall pay to Executive a base salary (the Executive "Base Salary") at an annual base salary rate of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)US$300,000. The Base Salary shall be paid payable in installments in accordance with the Company’s payroll policies's policies and procedures applied in a manner consistent with past practice.
Appears in 1 contract
Base Salary. The Company shall pay to the Executive an annual a base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”), which shall be payable in periodic installments according to the Company’s normal payroll practices. The For the Term, the Base Salary shall be paid in accordance with at the Company’s payroll policiesannual rate of two million dollars ($2,000,000).
Appears in 1 contract
Base Salary. The Company shall pay to the Executive Base Salary will be paid at an annual base salary annualized rate of $200,000340,000, which will be subject to annual review and adjustment by the CEO but will not be reduced below $340,000 without the consent of Executive. Such amounts will be payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid to Executive in accordance with the normal payroll practices of the Company’s payroll policies.
Appears in 1 contract
Sources: Employment Agreement (Streamline Health Solutions Inc.)
Base Salary. The Commencing on January 1, 2011, the Company shall pay to the Executive an annual annualized base salary of $200,000300,000, payable on a monthly basis commencing which shall be paid in periodic installments on the Effective Date Company’s regular payroll dates (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 1 contract
Base Salary. The Company shall pay to the Executive an annual base salary a " Base Salary " of $200,000US$200,000 per year, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)subject to adjustment in accordance with Section 3.2 below. The Base Salary shall be paid in accordance with the Company’s 's regularly established payroll policiespractices.
Appears in 1 contract
Sources: Executive Employment Agreement (AutoChina International LTD)
Base Salary. The Company shall pay to the Executive an annual Executive’s base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)] shall be $300,000 per year payable in equal amounts twice monthly. The Base Salary shall be paid in accordance with Company Board of Directors will review the Company’s payroll policies1 Original employment date was December 8, 2014.
Appears in 1 contract
Sources: Executive Employment Agreement (Lombard Medical, Inc.)
Base Salary. The Company shall pay to the Executive an annual base salary of $200,000JPY44,000,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 1 contract
Sources: Executive Employment Agreement (SBC Medical Group Holdings Inc)
Base Salary. The From the period of the date hereof until December 31, 2008, the Company shall will pay to the Executive an annual a base salary at the rate of Three Hundred Twenty Two Thousand Five Hundred Dollars ($200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)322,500) per year. The Base Salary Such amount shall be paid payable in accordance with the Company’s regular payroll policiespractices of the Company for its executives, as in effect from time to time, and subject to increase from time to time by the Board in its discretion.
Appears in 1 contract
Sources: Employment Agreement (Sirtris Pharmaceuticals, Inc.)
Base Salary. The Company shall will pay to the Executive an annual base salary of $200,000250,000, payable on a monthly basis commencing on in accordance with the Effective Date customary payroll practices of the Company (as the same may be adjusted herein, the “Base Salary”). The current Base Salary shall be paid in accordance with the Company’s payroll policiesreviewed annually.
Appears in 1 contract
Base Salary. The Company shall pay to the Executive an annual a minimum base salary (the "Annual Base Salary") of $200,000, payable on a monthly basis commencing on the Effective Date 200,000 per year (or such higher amount as the same may be adjusted herein, determined at the “Base Salary”discretion of the Compensation Committee of the Board (the "Compensation Committee")). The Annual Base Salary shall be paid in accordance with the Company’s 's normal payroll procedures and policies.
Appears in 1 contract
Base Salary. The Company shall pay to Executive a salary (the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “"Base Salary”)") equal to $190,000 per year, effective as of December 1, 2011. The Base Salary shall Payment will be paid made in accordance with the Company’s 's normal payroll policiespractices. The Base Salary will be subject to review by the Board on an annual basis.
Appears in 1 contract
Base Salary. The Company shall pay to the Executive an a base annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”)) of not less than $250,000. The Base Salary shall be paid payable in accordance with the Company’s standard payroll policiespractices, currently consisting of two payments each month, less applicable withholdings. The Executive shall not receive any additional compensation from any subsidiary of the Company.
Appears in 1 contract
Base Salary. The Commencing on the date hereof, the Company shall will pay to the Executive an annual a base salary of US $200,000, payable on a monthly basis commencing on 355,000 per annum. The Company will review Executive’s base salary periodically and may change the Effective Date base salary from time to time (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.
Appears in 1 contract
Base Salary. The Company shall pay to As compensation for the services rendered hereunder, the Executive shall initially receive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date 400,000.00 (as the same may be adjusted herein, the “Base Salary”), payable in accordance with the Company’s customary payroll practices. The Base Salary shall be paid in accordance with the Company’s payroll policiessubject to review on an annual basis.
Appears in 1 contract